Which of the following is true for the European Central Bank (ECB)?
A) its executive board meets less often than the FOMC
B) the members of its executive board have lifetime appointments
C) it is a more decentralized system than the Federal Reserve
D) all of the above
E) none of the above
C
Economics
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The profit maximizing condition for a firm in monopolistic competition is to produce so that
A) marginal cost equals marginal revenue. B) marginal cost equals price. C) average total cost equals price. D) price equals marginal revenue.
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Before the EEOC can take any action at all, it must receive a sworn complaint from an individual
Indicate whether the statement is true or false
Economics